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Richard X Roe  

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  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Dr Haluska: What is the downside for NEON and why would it be asymmetric? The company is draining about $2-3 million of cash a quarter, meaning it will likely run of money by the end of the year, unless the company does another equity offering at an inflated price. It is not the first time - in 2008 Neonode AB declared bankruptcy. So, how does a downside of 100% compare to the wild and always wrong projections by the analysts (whose main goal appears to be drumming up underwriting business)? There is a reason why the company hit a 52-week low last week.
    Apr 22, 2014. 08:14 PM | 10 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    The author appears to be woefully uninformed about this reverse merger stock.

    First, I wonder how he figured out that the company has been public since 1992, when Neonode AB was founded in February 2004 (and subsequently filed for bankruptcy in 2008).

    Second, I have been unable to find even one Hewlett-Packard printer in any store that uses Neonode's technology. So, how does the author know that "the printers are launching?"

    Third, how does the author know that Neonode's technology will be featured in Apple's (AAPL) CarPlay product, when no such product has been released yet?

    Fifth, the so-called consensus is a joke. The author should have looked at the consensus about a year ago. Cowen, for example, was "projecting" $8.8 million in revenues and $4.4 million in net income for Q4 2013. Neonode delivered $1 million in revenues and a net loss of $3 million. The author should have noticed that the company has missed consensus and its own guidance consistently since 2012. There is a reason for that - there is nothing "next generation" about infrared touch. It is a 40-year old outdated technology, offered by several competitors (including publicly traded ones). The author's belief that "this technology will be incorporated into myriad models" appears misplaced. The fact is that Neonode's is a perpetual money-losing and cash-draining company with declining revenues.

    Finally, the recent insider buying is dwarfed by the insider selling by the Chairman.
    Apr 22, 2014. 06:36 PM | 7 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    mikeasa: According to Neonode's public disclosures, Microsoft has never been a Neonode customer - and if I am mistaken, please point me to the relevant press release or SEC filing! Also, Apple has never gone bankrupt. I am not sure about the number of shares under the control of the Chairman and the CEO, but I am quite sure that the insiders were selling when the clueless investors were buying at $6.60 last year. But, hey, it is your money!

    And one more thing: If the HP news alone is groundbreaking, where are the HP printers with Neonode's tech that were promised for April 7?
    Apr 22, 2014. 10:04 PM | 6 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Sedric: How do you know about those "agreements?" Have they been disclosed publicly?

    Moreover, HP promised availability of 8620 (the model that Neonode has been whispering about) for April 7 ( ). Can you tell me the address or the phone number of a store that carries that printer today? Because all I can see are a few thousand units shipped by HP's contract manufacturer from China - apparently all of them collecting dust. Where are the HP printers that supposedly use Neonode's technology and why is HP reluctant to sell them?
    Apr 22, 2014. 07:54 PM | 5 Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    goodybob: UniPixel has made absolutely no progress toward achieving ACTUAL (as supposed to lab or pilot) production. Are you aware that UniPixel's roll-to-roll pilot production was announced in March 2011? Here is what the company's CTO and General Manager said to investors at the time:

    "We have run PILOT production materials at very high rates on a prototype line which has been the R&D proving ground for our large scale CONTINOUS FLOW manufacturing process. In fact, ... we have already begun installing proprietary manufacturing equipment that can support up to a half a million sq ft of film production per 8 hour shift.

    I will be showing ... next week ... the first ROLL-TO-ROLL UniBoss PILOT production films."
    Jul 16, 2014. 09:36 AM | 4 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Bret: $8? I thought the price targets were ranging from $11.25 to $14 a share... And is that before or after the imminent equity offering?

    In other words, are you telling us that developing and licensing since 1992 the next generation of optical multisensing touch solutions for some of the world's largest consumer brands, including Sony, Volvo, Barnes & Noble, Kobo, Oregon Scientific, Alpine, Amazon, and HP is worth just a measly $300 million?
    Apr 22, 2014. 10:52 PM | 4 Likes Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    First, the video you linked seems to show that Volvo's new telematics infotainment system, which is powered by Apple's (AAPL) CarPlay, will be using a capacitive touchscreen. So, doesn't the video prove that Volvo has abandoned Neonode?

    Second, I can't find any actual HP printer that uses Neonode's tech. If the new printers are so great, why did HP fail to put them in the stores on April 7, as previously promised?

    Third, why did NEON hit a 52-week low yesterday? Did NEON run out of money again? How many shares will be offered this time and at what price?
    Apr 15, 2014. 08:37 AM | 4 Likes Like |Link to Comment
  • Questioning China XD Plastics' SEC Filings [View article]
    There is substantial evidence that Morgan Stanley PE's management is either incompetent or corrupt, and that MSPEA has already lost $50 million:

    The analysis by the Skeptical Investor is classic and deserves a careful read.
    Aug 17, 2011. 09:28 AM | 4 Likes Like |Link to Comment
  • How to Detect Potential Chinese Stock Frauds [View article]
    Dear Active Retail Investor:

    Can you please explain to us why WATG turned out to be a complete fraud? I mean, they had plenty of media exposure, great Chinese websites for their subs, detailed information about partners/ suppliers /clients / etc. etc ...

    Similarly, can you explain to us why YONG is a complete fraud, even though they have constant media coverage, and high-ranking communist officials visit and "inspect" their operations every three months or so?

    Here is the only true way to detect potential Chinese stock frauds: Assume any Chinese stock listed on a US exchange (instead of in mainland China) is a fraud, and try to prove the opposite!
    Jul 22, 2011. 05:56 PM | 4 Likes Like |Link to Comment
  • China XD Plastics: When The Numbers Don't Add Up, There's Over 80% Downside [View article]
    piggybanksdead: No doubt - money laundering is a profitable business.
    Mar 24, 2015. 06:52 PM | 3 Likes Like |Link to Comment
  • Kodak Can Invade GoPro's Market [View article]
    Kodak SP360 is not made by Kodak (KODK), but by some private non-name company (JK IMAGING, LTD.?) that just paid for the license to the name. KODK no longer makes any cameras.
    Mar 16, 2015. 06:37 PM | 3 Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    BenRab: Again, I will post my digital record if UniPixel publicly denies the truth. When is a good time to "bash," in your opinion? The stock went to $9.30 last week - maybe I was shorting quietly then?

    If everything is so clear, then why ask all those questions? Maybe you should be buying quietly instead, while thanking me for my article.
    Jun 17, 2014. 12:13 PM | 3 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Sedric: Having "visibility through 2018" is not the same as having agreements. Neonode has been known to miss its own expectations consistently since 2012. I have seen no such agreements disclosed in press releases or SEC filings - if you disagree, please point me to the press release or the filing!

    The printers listed in the HP press release linked to by Neonode have been manufactured in China and arrived in Los Angeles in containers, apparently on their way to HP, according to import data. So, care to revise your guess of where the printers are being sold first?

    I consider HP reluctant, because HP claimed printer availability for April 7, yet as of today, no store in the United States has these SKUs in stock, at least no store that I have been able to find. So, if you know any store that sells any printers with Neonode's tech, please let me know!
    Apr 23, 2014. 12:03 AM | 3 Likes Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    axb7092: Yes, Neonode is exactly the company that would do that. Where can I buy any HP (or any other) printer that uses Neonode's tech today? Please give me the address or phone number of the store, so I can verify?
    Apr 15, 2014. 10:28 AM | 3 Likes Like |Link to Comment
  • Why Uni-Pixel Might Be Worth The Risk [View article]
    JBird61: How come there were no purchase orders for Q2 and Q3? On the November 7, 2012 earnings call, UniPixel's CEO was promising an 11.6-inch notebook and three 10.8-inch tablets to be rolling out in the second half of 2013. What happened?

    How did the customers place purchase orders for something that hasn't been designed yet?
    Nov 14, 2013. 04:27 PM | 3 Likes Like |Link to Comment